PayPal Holdings, Inc. $PYPL Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its stake in PayPal Holdings, Inc. by 15.8%, acquiring an additional 476,763 shares, bringing its total holdings to 3.5 million shares valued at approximately $224 million.
• PayPal reported an earnings per share (EPS) of $1.40 for the last quarter, surpassing analysts’ estimates of $1.30, while revenue reached $8.29 billion, above the expected $8.08 billion.
• Several institutional investors have significantly increased their stakes in PayPal, with Goldman Sachs raising its holdings by 44.6% to own 8.56 million shares worth $558 million.

AQR Capital Management LLC raised its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 15.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,501,936 shares of the credit services provider's stock after acquiring an additional 476,763 shares during the quarter. AQR Capital Management LLC owned 0.36% of PayPal worth $224,001,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after acquiring an additional 276,339 shares in the last quarter. Deutsche Bank AG grew its position in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. grew its position in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after acquiring an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. grew its position in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in PayPal in the first quarter valued at approximately $529,264,000. Institutional investors and hedge funds own 68.32% of the company's stock.

Wall Street Analysts Forecast Growth

PYPL has been the subject of several recent research reports. Truist Financial initiated coverage on shares of PayPal in a research report on Monday, June 2nd. They issued a "sell" rating and a $68.00 price objective for the company. Piper Sandler set a $74.00 target price on PayPal in a research note on Tuesday, July 29th. Canaccord Genuity Group reiterated a "buy" rating and set a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Royal Bank Of Canada reiterated an "outperform" rating and set a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Finally, Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $85.00.

PayPal Stock Performance

PYPL stock traded down $0.20 during mid-day trading on Friday, reaching $68.26. The company had a trading volume of 7,781,299 shares, compared to its average volume of 8,973,464. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $65.21 billion, a P/E ratio of 13.37, a P/E/G ratio of 1.06 and a beta of 1.43. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock's 50-day simple moving average is $71.77 and its two-hundred day simple moving average is $69.83.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to analysts' expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last year, the business posted $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by insiders.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.